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FUNDED Articles

Cost-sharing can be tricky waters for applicants to maneuver. Cost-share or match components vary greatly between different funding programs. While some grants require a certain percentage of the total project cost in the form of a local cash match, others may allow in-kind matching, and still others may not require a match at all. In these lean financial times, you may lurch at the idea of coming up with funds to match the grant; after all, you are seeking grant funding because you can't fund the project on your own, right? However, there are several important aspects to consider with regard to matching, and you might want to hold off on tossing that grant aside before fully considering these pointers.

Show me the money! As far as a grant funder is considered, it is probably more appropriate to say “show me how you are going to spend the money”. For the applicant, it is the piece of the proposal that is likely to keep you up at night. After all, the reason you are seeking grant funding the first place is because you are most likely facing a funding deficit for an important project. It is only natural that you may be preoccupied with budgetary needs while you are still developing the project and the accompanying proposal narrative.

A big federal agency just released a new grant that is accompanied by a guidance document filled with 150 pages of content. The guidance document contains all the granular details on the grant program, including instructions for development of the proposal and submission. The guidance document may be referred to by several names, including request for proposals (RFP), request for applications (RFA), and Notice of Funds Availability (NOFA). Based on a quick review of the information, you are considering developing a proposal under this recently released grant program. Considering the size of the guidance document, one would assume that the items and services eligible for purchase with the grant funding are clearly delineated.

Over the course of proposal development, applicants are often challenged by indentifying eligible equipment and solutions as part of their submission process. Programs like the Edward Byrne Memorial Justice Assistance Grants (JAG) are very flexible in their procurement allowances. Other programs, much more nebulous with offering information on allowable solutions, rely heavily on the grantee’s ability to identify solutions most appropriate for project goals.

HHS recently announced over $390 million in federal funding for the Hospital Preparedness Program. This is federal funding that passes through state health departments to health care providers. Fiscal year 2010 is the first year that the federal government is requiring a 10% match on federal funds. In other words, states and local providers must commit at least $1 for every $10 in federal contributions.